tarp

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Latest blogosphere posts tagged “tarp”

  • An Astute Translation of the Banks’ Case Against New Regulations


    The Washington IndependentAuthority Authority: 763
    The finance industry, seeming to forget that it was responsible for the economic turmoil that’s pushed unemployment above 10 percent , is lobbying furiously (and successfully ) against Democratic legislation designed to protect consumers and prevent a similar episode in the future. Yesterday, industry ...
    11 hours ago
  • House Bill Would Cap Credit Card Rates at 16 Percent


    The Washington IndependentAuthority Authority: 763
    Equating today’s rising credit card rates to usury, several House Democrats today announced plans to introduce legislation capping credit card rates at 16 percent. “Things were a lot better for the average person in this country when we had usury caps,” Rep. Louise Slaughter (D-N.Y.), head of the House Rules ...
    12 hours ago
  • Our Questions About the AIG Bailout (Partial List)


    BlawgletterAuthority Authority: 128
    This has nothing to do with AIG.  Or does it?   The Special Investigator General for the Troubled Asset Relief Program issued an audit report last week.  The paper -- " Factors Affecting Efforts to Limit Payments to AIG Counterparties " -- goes 47 pages to explain why the Federal Reserve and its good friend ...
    1 day ago
  • Fed asks U.S. banks to submit TARP repayment plans


    ReutersAuthority Authority: 816
    WASHINGTON (Reuters) - The U.S. Federal Reserve this month asked banks that were part of "stress tests" conducted earlier this year that have not yet repaid money injected under the Troubled Asset Relief Program (TARP) to submit plans to do so, a person familiar with the situation said on Tuesday.
    1 day ago
  • DetN Bailout Report: White House Forced Rapid Bankruptcy, UAW Refused Hourly Pension Freeze


    Car Reviews & Car Buying BlogAuthority Authority: 460
    On October 13th of last year, when TTAC’s Bailout Watch clocked in at a mere 115 entries, GM’s then-CEO Rick Wagoner and board members Erskine Bowles and John Bryan approached the Treasury for a “temporary” bailout. Not that we knew it at the time. “In this period of continued uncertainty in the markets, you ...
    1 day ago
  • TARP repayment plans: Too late now to change public sentiment?


    DailyFinanceAuthority Authority: 805
    Filed under: Company News , Economy , Investing , Bank of America , Citigroup , Wells Fargo & Co. As TARP nears its end on Dec. 31, discussions about extending it -- or killing it -- are flooding the halls of Congress and the White House. Treasury Secretary Timothy Geithner can ask to extend TARP until ...
    1 day ago
  • Fed asks U.S. banks to submit TARP repayment plans


    Forex and Stock Market information, MMO, SEO and IT guideAuthority Authority: 129
    The U.S. Federal Reserve this month asked nine banks that were part of “stress tests” conducted earlier this year to submit plans to repay money injected under the Troubled Asset Relief Program (TARP), Bloomberg said, citing a person familiar with the situation. The banks may be allowed to repay the TARP money ...
    1 day ago
  • Daily Highlights: 11.24.09


    zero hedgeAuthority Authority: 768
    As banks build capital, Treasury wants TARP to focus on lending. Asian stocks fall on Japan deflation, share-sale concern; Dollar, Yen gain. China shares retreat on policy uncertainty ahead of government economic meeting. China’s 5 largest banks submit plans for raising capital to the industry regulator. Fed ...
    1 day ago
  • Place Your Bets on Who Can Pay Back TARP


    Jr Deputy AccountantAuthority Authority: 140
    The Fed wants to hear how some of the lagging TARP banks plan to pay that shit off now that the Fed has declared they can. This should work out great. Have they seen SunTrust lately ? Atlanta fucking Fed! Wake up! You have the MOST #bankfailfriday banks of ALL Fed regional banks and cant afford to blow this one. ...
    1 day ago
  • A presidential reality check


    IEA BlogAuthority Authority: 126
    What is one to make of this report?   BEIJING, Nov 18 (Reuters) – President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government debt were to pile up too much, it could lead to a double-dip recession.   With the U.S. ...
    1 day ago
  • Strong banks, weak credit: Treasury rethinks TARP


    The Washington PostAuthority Authority: 968
    WASHINGTON -- Big banks are roaring back. At crisis edge last year, they are repaying billions of dollars dumped into their vaults to rescue them. Dividend checks are accumulating at the Treasury. Taxpayers wont recoup the full sum of the governments unprecedented infusion to the financial...
    1 day ago
  • Fed asks U.S. banks to submit TARP repayment plans: report (Reuters)


    Financial NewsAuthority Authority: 458
    (Reuters) – The U.S. Federal Reserve this month asked nine banks that were part of "stress tests" conducted earlier this year to submit plans to repay money injected under the Troubled Asset Relief Program (TARP), Bloomberg said, citing a person familiar with the situation. The banks may be allowed to ...
    1 day ago
  • Fed asks U.S. banks to submit TARP repayment plans: report


    ReutersAuthority Authority: 816
    (Reuters) - The U.S. Federal Reserve this month asked nine banks that were part of "stress tests" conducted earlier this year to submit plans to repay money injected under the Troubled Asset Relief Program (TARP), Bloomberg said, citing a person familiar with the situation.
    1 day ago
  • Fed asks U.S. banks to submit TARP repayment plans: report


    ReutersAuthority Authority: 816
    (Reuters) - The U.S. Federal Reserve this month asked nine banks that were part of "stress tests" conducted earlier this year to submit plans to repay money injected under the Troubled Asset Relief Program (TARP), Bloomberg said, citing a person familiar with the situation.
    1 day ago
  • Bill to audit Fed passes committee


    New World Order University ForumAuthority Authority: 122
    MarketWatch reports on Ron Paul’s bill to audit the Federal Reserve, now approved by the House Financial Services Committee. Ron Paul’s commentary. Why is this important? Even if you are not familiar with the history of the Fed and its destruction of the purchasing power of the dollar over time, right now ...
    2 days ago
  • The Good, the Bad, the Ugly, the Clueless


    The Lonely ConservativeAuthority Authority: 577
    The Good: Gold hit a record high . The Bad: The real unemployment rate is somewhere around 17%. The Ugly: The reason gold is so high is the dollar’s slump continues. And don’t expect it to get any better, because payments on our national debt will soon be about one TARP a year . Yes, that’s $700 ...
    2 days ago
  • Taxes on Short Sale, Loan Modification & Mortgage Foreclosure 3 Nov08 Cancellation of Debt Income


    Ethical Foreclosure FortunesAuthority Authority: 151
    Tax on 1099C, Cancellation of Debt Income; Short Sale, Loan Modification & Foreclosure. Exception; Mortgage Forgiveness Debt Relief Act, Bankruptcy & Insolvency. Go To RealEstateMarketingThisWeek.com Cancellation of debt income reported to the IRS on form 1099 C So we talked about 20 million homeowners are ...
    2 days ago
  • Bear Stearns and Lehman Execs took out $1.4 billion and $1 billion CASH between 2000-2009


    Schizo AmericaAuthority Authority: 117
    Don’t you just hate being HAD ? Their focus was on short term gains, kind of like a Craps table at Vegas… They say they deserved their pay because they took great risks.  Yet they destroyed the world economy and are still billionaires… Where is the Gitmo for Wall Street Terrorists? Post from: Schizo ...
    2 days ago
  • Thune: Stop TARP before more damage is done


    CNN Political TickerAuthority Authority: 843
    Thune: Stop TARP before more damage is done. (CNN) – For the federal government, this has been the year of spending dangerously. The danger lies not just in the staggering volume of money being thrown around by the administration and Democrat-controlled Congress. It lies as well in their choices about how ...
    2 days ago
  • Correcting the Rest of the “Headline Readers” on Goldman Sachs


    The Reformed BrokerAuthority Authority: 636
    There’s a pet name I’ve privately assigned to many of the bloggers out there who are so obsessed with covering every story that they barely read actual articles anymore.  It’s “ Headline Readers “.  You know who they are and so do they, so we’ll leave it at that. Now that the government has just ...
    3 days ago

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